| Product Code: ETC5786424 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s artificial lift import shipments in 2024 saw diverse sources, with top countries being Germany, France, USA, Turkey, and Australia. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.4% from 2020 to 2024, there was a slight downturn in growth from 2023 to 2024 at -7.75%. This data suggests a dynamic market landscape with opportunities for both local and international suppliers to cater to Burkina Faso`s artificial lift needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Artificial Lift Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Artificial Lift Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Artificial Lift Market - Industry Life Cycle |
3.4 Burkina Faso Artificial Lift Market - Porter's Five Forces |
3.5 Burkina Faso Artificial Lift Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burkina Faso Artificial Lift Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Burkina Faso Artificial Lift Market Revenues & Volume Share, By Well Type, 2021 & 2031F |
3.8 Burkina Faso Artificial Lift Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Artificial Lift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in oil production activities in Burkina Faso |
4.2.2 Growing demand for energy globally |
4.2.3 Technological advancements in artificial lift systems |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Volatility in crude oil prices |
4.3.3 Environmental concerns related to increased oil production |
5 Burkina Faso Artificial Lift Market Trends |
6 Burkina Faso Artificial Lift Market Segmentations |
6.1 Burkina Faso Artificial Lift Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Artificial Lift Market Revenues & Volume, By Rod Lift, 2021-2031F |
6.1.3 Burkina Faso Artificial Lift Market Revenues & Volume, By Electric Submersible Pumps, 2021-2031F |
6.1.4 Burkina Faso Artificial Lift Market Revenues & Volume, By Progressive Cavity Pumps, 2021-2031F |
6.1.5 Burkina Faso Artificial Lift Market Revenues & Volume, By Gas Lift Systems, 2021-2031F |
6.1.6 Burkina Faso Artificial Lift Market Revenues & Volume, By Others, 2021-2031F |
6.2 Burkina Faso Artificial Lift Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Artificial Lift Market Revenues & Volume, By Pump Assisted Positive Displacement, 2021-2031F |
6.2.3 Burkina Faso Artificial Lift Market Revenues & Volume, By Dynamic Displacement, 2021-2031F |
6.3 Burkina Faso Artificial Lift Market, By Well Type |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Artificial Lift Market Revenues & Volume, By Horizontal, 2021-2031F |
6.3.3 Burkina Faso Artificial Lift Market Revenues & Volume, By Vertical, 2021-2031F |
6.4 Burkina Faso Artificial Lift Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Burkina Faso Artificial Lift Market Revenues & Volume, By Onshore, 2021-2031F |
6.4.3 Burkina Faso Artificial Lift Market Revenues & Volume, By Offshore, 2021-2031F |
7 Burkina Faso Artificial Lift Market Import-Export Trade Statistics |
7.1 Burkina Faso Artificial Lift Market Export to Major Countries |
7.2 Burkina Faso Artificial Lift Market Imports from Major Countries |
8 Burkina Faso Artificial Lift Market Key Performance Indicators |
8.1 Average run-life of artificial lift systems |
8.2 Efficiency of oil recovery using artificial lift methods |
8.3 Adoption rate of advanced artificial lift technologies |
8.4 Maintenance costs of artificial lift systems |
8.5 Energy consumption per barrel of oil produced |
9 Burkina Faso Artificial Lift Market - Opportunity Assessment |
9.1 Burkina Faso Artificial Lift Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burkina Faso Artificial Lift Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Burkina Faso Artificial Lift Market Opportunity Assessment, By Well Type, 2021 & 2031F |
9.4 Burkina Faso Artificial Lift Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Artificial Lift Market - Competitive Landscape |
10.1 Burkina Faso Artificial Lift Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Artificial Lift Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |